Yankton, SD Cost Of Living
Cost Of Living In Yankton, SD Summary
Cost of living in Yankton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Yankton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in South Dakota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Yankton is 88, with 100 being the average.
The cost of living index in Yankton is 0.9x lower than the national average.
Yankton ranks as the #3 cheapest in South Dakota out of 19.
Yankton ranks as the #912 cheapest out of 6,489 in the US.
The median home value in Yankton is $270,684.
The median income in Yankton is $69,071.
Table Of Contents
Yankton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Yankton, SD?
According to the most recent data on the cost of living, Yankton has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to South Dakota, Yankton has a cost of living index that's 1.0x lower than South Dakota's index of 88.
The standard of living in Yankton ranks as #3 most affordable out of the 19 places we measured in South Dakota. By definition, that implies Yankton ranks as the #16 most expensive place in the Mount Rushmore State.
For more reading on life in Yankton, check out:
In South Dakota
In America
Yankton Cost Of Living Vs. South Dakota
Six factors go into calculating the cost of living index in Yankton. Here is how it fairs on each of the criteria:
The Services index in Yankton is 92.
The Groceries index in Yankton is 96.
The Health index in Yankton is 104.
The Housing index in Yankton is 81.
The Transportation index in Yankton is 90.
The Utilities index in Yankton is 86.
| Living Expense | Yankton | South Dakota | National Average | |
|---|---|---|---|---|
| Overall | 88 | 88 | 100 | |
| Services | 92 | 95 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 104 | 100 | 100 | |
| Housing | 81 | 78 | 100 | |
| Transportation | 90 | 95 | 100 | |
| Utilities | 86 | 89 | 100 | |
Yankton, SD Housing Cost Breakdown
Housing swings affordability the most between places in South Dakota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Yankton is $270,684.
The Median Rent in Yankton is $780.
The Median Income in Yankton is $69,071.
The Home Value To Income in Yankton is 3.9x.
The Rent To Monthly Income in Yankton is 0.14x.
| Statistic | Yankton | South Dakota | United States |
|---|---|---|---|
| Median Home Value | $270,684 | $315,406 | $303,400 |
| Median Rent | $780 | $912 | $1,348 |
| Median Income | $69,071 | $72,421 | $78,538 |
| Home Value To Income | 3.9x | 4.4x | 3.9x |
| Rent To Monthly Income | 0.14x | 0.15x | 0.21x |
Median Home Value
Median Rent
Median Income
Yankton, SD Costs By Category
Detailed Yankton Services Costs Vs. South Dakota
| Item | Yankton | South Dakota |
|---|---|---|
| Shampoo | $1.29 | $1.28 |
| Movie | $9.36 | $12.13 |
| Bowling | $16.4 | $18 |
| Haircut | $24.32 | $24.26 |
| Beauty Salon | $35.22 | $45.56 |
Detailed Yankton Groceries Costs Vs. South Dakota
| Item | Yankton | South Dakota |
|---|---|---|
| Ground Beef | $5.89 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $4.63 | $4.93 |
| Pizza | $10.64 | $12.09 |
| Beer | $9.33 | $10.41 |
| Toothpaste | $3.8 | $3.7 |
Detailed Yankton Health Costs Vs. South Dakota
| Item | Yankton | South Dakota |
|---|---|---|
| Optometrist | $135.1 | $125.68 |
| Doctor | $177.33 | $135.78 |
| Dentist | $108.21 | $113.29 |
Detailed Yankton Transportation Costs Vs. South Dakota
| Item | Yankton | South Dakota |
|---|---|---|
| Gasoline | $3.28 | $3.46 |
| Tire Balancing | $49.42 | $59.92 |
Detailed Yankton Utilities Costs Vs. South Dakota
| Item | Yankton | South Dakota |
|---|---|---|
| All Electricity | $141.67 | $193.99 |
| Phone | $194.04 | $192.25 |
Yankton SnackAbility
/10
Cost Of Living In Cities Around Yankton
The cost of living varies in the cities and towns around Yankton. Here's a quick look at the cost of living in the most populous nearby places:
Tea, SD has a cost of living index of 98, 1.1x Yankton.
Wayne, NE has a cost of living index of 91, 1.0x Yankton.
